Cherry Valley, PA is a small town that offers a variety of amenities and attractions for residents. The cost of living in Cherry Valley is fairly affordable; the average rent for a two-bedroom apartment is $950, while the national average rent for the same size is $1,430. Additionally, the grocery cost index in Cherry Valley is 97 compared to 100 nationally. For entertainment, the town features several local restaurants and businesses like Family Bistro Restaurant and The Antique Mall. Other popular attractions include Chestnut Street Park which offers fishing, playgrounds, and walking trails as well as numerous outdoor activities along the Delaware River.
Cherry Valley has an unemployment rate of 6.4%. The US average is 6.0%.
Cherry Valley has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Cherry Valley
- The Sales Tax Rate for Cherry Valley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherry Valley is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cherry Valley
- The average income of a Cherry Valley resident is $30,740 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Valley resident is $45,250 a year. The US average is $69,021 a year.